37 W RAWHIDE Avenue, Gilbert, AZ 85233, Gilbert, 85233 - 3 bed, 2 bath
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Gilbert, AZ 85233
This property represents a High-Potential Investment Opportunity with a List Price of $410,000—positioned well below the $456,587 Fair Market Value by 10%. This valuation gap offers $46,587 in Instant Equity for buyers ready to renovate this Condition Score 5 asset. The expansive 10,502 sqft lot and private pool provide a strong foundation for forced appreciation in a No HOA neighborhood near Downtown Gilbert. It is a prime acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking high-yield potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37 W RAWHIDE Avenue Subject | $410,000* List Price | 3 | 2 | 1,260 | $362 | - |
A 113 W CULLUMBER Avenue Sold | $420,000 List Price | 3 | 2 | 1,251 | 0.7 mi | |
B 421 W PRIMOROSO Drive Sold | $380,000 List Price | 3 | 2 | 1,648 | 0.5 mi | |
C 102 S CATALINA Street Active | $415,000 List Price | 3 | 2 | 1,170 | $355 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972 and marketed as an investor-focused opportunity in as-is condition, this property requires substantial rehabilitation. The listing explicitly mentions dated infrastructure, the need for modernization of original systems, and a pool that requires revitalization. The exterior image shows neglected landscaping and original features, suggesting the interior likely requires a full renovation to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10502, living area = 1260.
Situated just minutes from the vibrant heart of downtown Gilbert, this property offers exceptional access to top-rated schools, dining, and entertainment.
The expansive 10,502 sqft lot provides significant flexibility and privacy without the restrictions or monthly costs of a Homeowners Association.
The property is being sold in as-is condition with no seller repairs, necessitating an upfront budget for significant updates and pool restoration.
Built in 1972, the home likely requires modernization of its original systems and finishes to meet contemporary efficiency and aesthetic standards.
Don't miss this investor focused opportunity in a well-established Gilbert neighborhood with no HOA, just minutes from the heart of downtown Gilbert. This 3 bedroom, 2 bath home offers a comfortable, functional layout with great natural flow, creating an ideal foundation for thoughtful updates and customization. Whether you're looking to enhance, invest, or create a space tailored to your vision, the potential here is significant. The spacious backyard is a standout feature, complete with a private pool ready to be revitalized into a beautiful outdoor retreat-perfect for maximizing both lifestyle appeal and long-term value. With the right improvements, this property presents a strong opportunity to enhance its overall appeal and increase long-term value. Ideally located near top rated schools, parks, shopping, dining, and convenient freeway access, while still just a short drive from downtown Gilbert's popular restaurants, nightlife, and community events-offering both accessibility and the comfort of an established neighborhood setting. This home is being sold in as-is condition, with no repairs to be made by seller, offering a great opportunity to bring your vision to life. Opportunities with this level of potential, location, and flexibility don't come along often.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 6-8 • 0.2 mi
Grades 8-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,260 | 1,942 | 2% |
| Lot Size | 10,502 | 7,144 | 91% |
| Price | $410.0K | $442.0K | 45% |
| Price per sq ft | $325 | $230 | 88% |
| Built year | 1972 | 1994 | 1% |
| HOA | $0 | $100 | 11% |
| Days on market | 15 | 2291 | 1% |
Apr 7, 2026
$410,000
Initial Listing